Cashless Transactions in Nigeria Surge 45.41% to N39.58trn
According to new data from the Nigeria Inter-Bank Settlement System (NIBSS), total cashless transactions in Nigeria increased by 45.41 percent...
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Why Is Nigeria’s Inflation So High in 2023?
A significant international conflict broke out just as the economy started to stabilize and supply chain problems started to fade....
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In 2023, Nigeria’s GDP is expected to expand by 3%.
The United Nations (UN) has predicted that the Nigerian economy will expand by 3% in 2023. High inflation and problems...
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The ongoing struggle for new naira notes harms businesses
Due to a paucity of new naira notes, several business deals have been cut short due to insufficient cash. A...
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Despite the CBN’s directive, banks assert there is no cash
After receiving a direction to begin over-the-counter payment from their regulator, the Central Bank of Nigeria (CBN), Nigerian banks are...
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Potential influences on the 2023 election
Stakeholders are concerned about a few issues that could influence the elections in February or March as the buildup to...
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New Approach Conceived by POS Operators
Operators of Point of Sale, or POS, have taken on the role of the new lords as both new and...
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Chaos emerges in the new naira
An aide to President Major General Muhammadu Buhari (ret. ), Major General Muhammadu Buhari, has disclosed that his principal was...
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The impact of fuel scarcity on Nigerian drivers
Many drivers in the Federal Capital Territory (FCT) have complained about the continuing fuel shortage in the area. The motorists...
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Current Impact Of The New Naira Note Design On Nigeria’s Economy
The freshly redesigned naira, which entered circulation last week, has prompted a warning from the World Bank that its timing...
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